How To Withdraw From The Membership Of LLC

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How To Withdraw From The Membership Of LLC
How To Withdraw From The Membership Of LLC

Video: How To Withdraw From The Membership Of LLC

Video: How To Withdraw From The Membership Of LLC
Video: Removing a Member From an LLC 2024, April
Anonim

There are 2 ways to leave the membership of an LLC. Either by alienating a share in the authorized capital to the company, or by selling its share to a third party or a participant in the company, if this is not prohibited by the Charter.

How to withdraw from the membership of LLC
How to withdraw from the membership of LLC

Instructions

Step 1

When transferring your share to the public, make sure that this is not prohibited by the Charter. In this case, you will need a statement of intent to leave the company and an offer to buy your share by the remaining members.

Step 2

If the participants refuse to buy your share, it will automatically go to the society. The par value will be paid within 3 months from the date of application. The payment of the share can be in cash, and also, with your consent, in the form of property, the nominal value of which is equal to your share in the authorized capital of the company.

Step 3

When selling a stake to a third party, you need to find a buyer. Send your statement of intent to withdraw from the public and notify the participants about the sale of your stake on certain conditions. The remaining members of the LLC have the pre-emptive right to purchase. Those. you will not be able to sell the stake to a third party if one of the remaining participants wants to buy it. You can make a sale only if, within 1 month, none of the existing participants buys your share in the management company.

Step 4

Next, draw up the documents of the purchase and sale transaction. You will need an extract from the Unified State Register of Legal Entities; decision of the meeting of participants (permission of the remaining participants to sell their shares to a third party); form 14001 in 3 copies; decision / minutes of the general meeting of participants; share payment document; a certificate from the company about the consent to the sale. Execute this transaction with a notary. After that, he will personally send all the necessary documents to the registering authority for state registration of changes.

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